Prestige Beauty - UK - December 2016
“The prestige beauty market fared well in 2015, driven by a positive financial sentiment driving high purchasing levels among affluent, young consumers. As prestige BPC products are purchased by both men and women because they want to treat themselves, encouraging self-indulgence will be key to driving growth going forward, with the ‘lipstick index’ potentially returning during the post-Brexit period of economic uncertainty.”
– Charlotte Libby, Senior Beauty Analyst
This Report discusses the following key topics:
- Encouraging self-indulgence to further drive spend
- Engaging young men in the prestige beauty market
- The influence of science versus nature in prestige beauty
For the purposes of this Report, Mintel has used the following definitions:
By premium brands, we mean top-end priced brands that are typically sold behind the counter in department store beauty halls (eg Lancôme, NARS, Clarins). This also includes brands which are part of designer fashion and accessories lines (eg Dior, Chanel, YSL) and those which have their own luxury stores (eg MAC, Illamasqua, Jo Malone).
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* This is a sample representation of the report layout and does not reflect the research included in this report.
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